Although the Fed Professed Employment of a Monetary Aggregate Targeting

question 115

Multiple Choice

Although the Fed professed employment of a monetary aggregate targeting strategy during the 1970s,its behavior suggests that it emphasized

• A)free-reserve targeting.
• B)interest-rate targeting.
• C)a real-bills doctrine.
• D)price-index targeting.

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Definitions:

Civil Rights Legislation

Laws and regulations enacted to protect and guarantee the basic rights and freedoms of individuals, especially regarding equality and justice.

Joseph McCarthy

A U.S. senator known for his anti-communist sentiments and the subsequent fear and political repression he inspired during the early 1950s, a period often referred to as McCarthyism.

Dixiecrats

A political party in the United States, formally known as the States' Rights Democratic Party, which split from the Democratic Party in 1948 in opposition to its policy of extending civil rights.

Civil Rights

Rights guaranteed to individuals by law, including freedom of speech, assembly, and equality before the law, aimed at preventing discrimination.